The 200-pd ema is ther ultimate
support/Resistance in Financial markets
200-hour
200-day
200-week
200-month
When you get to ther 200-year ema you are now in a whole different realm, namely
THE GALACTIC CONFEDERATION
You will need to find a DATA seller who has access to biblical era data and then you will need data going back even further all the way to 75 million years of History to get the full picture of what happened here on EARTH
Current data goes back only to 1720[/QUOTE
See quote first about the ultimate Support/resistance offered by the mighty 200-period ema. Then try to recall what happened to Fedex recently. The chump went into freefall. Nobody could stop the fall. Nada!
But the cognoscenti knew there had to be a reprieve at the 200-month. There just had to. Even if it pierced the 200, the internal juice of the 200 would slingshot the underground penetration ....................
behold what actually happened in real live action on Fedex ............. the 200-mo. ema in green